Sheikh Khalifa amends pension, retirement benefits law for Abu Dhabi private sector workers.

Date:

The President, His Highness Sheikh Khalifa bin Zayed, has increased the maximum pensionable salary for Abu Dhabi private-sector workers from Dh60,000 to Dh200,000 and the minimum amount from Dh3,000 to Dh6,000.

The move follows Sheikh Khalifa’s issuing of a law amending some provisions of Law No. (2) of 2000 pertaining to civil retirement pensions and benefits. 

The law includes amendments that help strengthen the pension system in Abu Dhabi.

The government will bear the cost resulting from this adjustment, thus relieving those insured from any financial obligation.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

UAE motorists warned: accident on Dubai–Sharjah road leads to traffic delays.

Crash on Sheikh Mohammed bin Zayed Road causes heavy...

China unveils the world’s first underwater data centre powered by offshore wind energy.

China’s underwater data hub uses 95% renewable energy to...

New Civil Transactions Law brings in legal and contractual reforms.

The law reduces the age threshold for managing assets...